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Chapter 3 FIndin s Regarding Project Alternatives <br />Further, under Alt r atwe 4, the proposed park identified in the v 1 r Project would no longer <br />included as a project component. The park was one element of scv ral in the o -\Terall vision for <br />dev lopmcnt of the Agency-mvned properties. The selection of It rnati ve 4 effectively elirrrinates the <br />ability to construct a park on the block on x4ii h it is currently envisioned gig =erg that the thrcc structures <br />currently located on the g ne y- oNvned properties x ithin that block would remain under It rn ti -ve 4, <br />and the City /Agency under this scenario Mould be precluded froin ac quiring any additional properties. <br />Further, Alternative 4 would not meet the objective of the Developer Proposal to redevelop all of the <br />Agency-owned. properties, and, as explained abo -re, it xv uld not ineet the object vc of providing ne-%xT <br />affordable housing for fairies in furtherance of the City's affordable housing goals to the sarne extent as <br />the proposed project. Als , it is unlikely that the Cit gen y would be abie to attract a quality developer <br />to undertake a small scale scattered site development such as that which would bc constructed under <br />lternati -ve 4. This -%%iU seriousl y constrain the potential for pro- viding economicall y viable <br />redevelopment. <br />In light of these considerations, the Agency rejects this alternative as infeasible. <br />Alternative 5: No Demolition of Arinney Properties/Relocate toAdoncy- <br />Owned Infill S in Place <br />Description <br />'I °his alternative could eliminate the demolition on the fourteen parcels x6thin the Station District <br />currentl y owned by the Cite of Santa Ana Redevelopment Agency that were slated for demolition under <br />the proposed DeNreloper project (see Figure -1 Pemolitions]). Instead, those properties could be <br />rehabilitated in place or ino -ved to Tiracant lots and rehabilitated, with the exception of the propert y <br />located at 611 N. Afinter Street, which xvould be demolished, Of the properties identified for demolition <br />on parcels currently owned by the Agency, and those that may p t ntiaUy be acquired in the future, orAy <br />one is currently listed on the Santa Ana Register of Historical Properties—the Whitson-- Powelson House <br />located at 501 E. Fifth Street. The remaining houses ha-ve ha-v primarily been the subject of "nvindshiel " <br />sup. -ve ys to detern -inc their potential eligibility for listing as a historic resource. (See EII , Section 4.4 and <br />Appendix . ) F'oilo ring a cots -iprehensive historic surve y of the properties, the City's Historic resources <br />Commission ,xrould evaluate all of the structures to deterir ne their cligib it y for listing on the City's <br />Register of Historical Properties and vrould make recommendations regarding the selection of houses to <br />be mo -ved and onto which sites the y should be quo -ved. Once moiled -and/or rehabilltated the houses <br />\Nrould teen be offered as for --sale affordable housing. The proposed *Transit Zoning Code - %would remain <br />the same under this Alternative. <br />In total, this Alternative -\%irould provide approxianatel * 145 units approximatel y 124 rental units and <br />apptoxirnatel y 21 for sale units) on the Agency -owned parcels within the Station District. Of these, <br />approXmatel 7 121 units would be rented to low 3k ver -1 xi, and e trey el 4ow income households. (See <br />EIR Appendix J [Alternatives 'Vesting: Financial Analysis], Table 1, Alternatives Analysis) This is the <br />saiue number of units that would be rented to loxv, veiT -1 -%v and extremely-low income households in <br />the proposed Developer Project. d- Alternative 5 would also offer for sale 1 6 low income units, one <br />moderate income unit and four market rate units. <br />Transit Zoning Code D EIR Findings of Fat Statement of Overriding Considerations -11 <br />